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Nationwide Monthly And Quarterly Out At Midnight


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HOLA441
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It's definately 07:00 GMT ... not midnight - http://www.forexfactory.com/calendar.php

7:00am GBP Nationwide HPI m/m

Forecast: -0.3%

Previous: -0.9%

I reckon someone hasn't set their Date/Time on the Forex Factory calendar.

Hope that clears it up?!!

I'm really hoping for at least -1.0 but doubtful it'll be that extreme. Only 15 hours to wait to find out ...

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No, these are sold prices and they're much more up to date than the Land Registry figures.

Not quite. They are AGREED asking prices for mortgage approval purtposes. However, aren't agreed prices reduced prior to exchange?

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Realistically, are we looking at a positive quarterly figure and a negative MoM? If so, I can guess which one MSM will focus on.

Any offers for the adjectives used to avoid the word 'crash' - easing, repricing, adjusting to the economic climate etc etc?

This is definitly be release at 7am as normal.

It will be negative quartlery if this month is less than +2.12%

Edit: corrected! used NSA figure by mistake.

Maybe this is why they are running a piece on it. It's pretty much gauranteed a nice negative Q/Q fall.

Edited by Pent Up
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Not quite. They are AGREED asking prices for mortgage approval purtposes.

Are you sure? I thought they were agreed sale prices.

Actually, I'm quite sure about that.

However, aren't agreed prices reduced prior to exchange?

Only if you're a nasty guzunderer.

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Foreign exchanges seem to have made their verdict on the UK. Pound is sinking against the Euro, and I guess this is not because the Euro is in a good place right now. This feels like the 2008 catastrophe unfolding again. A negative HPI figure should send the pound down and put pressure on the banks.......................I expect there will be quite a a heavy BoE/Treasury influence on the HPI figures.

+2% with :):):) on the NW press release. Express will lap it up.

But really, why should they tell the truth? They're in the business of selling. When a Jehovah's Witness sells you a Watchtower they never admit it's all a con, do they? and they believe in God, unlike bankers and estate agents.

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Realistically, are we looking at a positive quarterly figure and a negative MoM? If so, I can guess which one MSM will focus on.

Any offers for the adjectives used to avoid the word 'crash' - easing, repricing, adjusting to the economic climate etc etc?

I reckon they might try "slip" if it's negative this time. 'sounds like blip - they'll like that.

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